Absentee Gas Station Strip Mall with Property in Greenwell Springs, LA

Greenwell Springs, LA
listing image
Asking Price:$2,900,000
Gross Revenue:$1,320,000
Cash Flow:$359,196
BUSINESS DESCRIPTION

High Volume Gas Station with Property near Baton Rouge, LA!

Monthly Inside Sales are currently $110,000 per month at high margins!

Outside gallons are 30,000 gallons per month at more than 35 cents profit per gallon! Seller does not wish to compete and would rather sell gas at high margins!

Net profit is over $30,000 per month AFTER paying $12,000 in Payroll and all other expenses! Huge opportunity for Buyer to lower payroll and take home more net profit!

Seller has No EBT and No Lottery! Seller is absentee at these locations and does not wish to bother with employees managing the EBT and Lottery. Huge Opportunity for Buyer to increase sales substantially by adding EBT and Lottery!

No Jobber Contract!

Shutdown Gas Station with Property next door is included! Shutdown store is 7,700 sq ft! Huge demand to expand on hot food!

Additional tenant next to the high volume c-store is paying $1,700 per month with a 3-year renewable lease! There are TWO additional spaces that the Buyer can lease out. One space is located behind the gas station that was leased to a Church before for $1,600 per month. The Church built their own property and vacated.

Huge opportunity to add a tire shop behind the gas station and a vape store or restaurant in the additional space in the front OR the shutdown building next door! Buyer has plenty of space to expand the business!

25 miles from Baton Rouge, LA! 1 hour 25 minutes from New Orleans and Lafayette, LA!

Near to Bellingrath Hills Elementary School with over 426 students, Mckanstry Preparatory School, St Alphonsus Catholic School, Amite Christian Academy with 281 students, Greenbrier Elementary School with 631 students, Central High School with 1,488 students.

Near to apartment complexes like Parc at Denham Springs Apartments, Mallard Crossing, and The Reserve at Shoe Creek Apartments.

Average traffic count of 9,000 vehicles passing by the stations each day!

Asking Price for Business and Property: $2,900,000 plus inventory!

Lease-purchase for the Property available for 20% down plus inventory! Buyer only needs to bring about $580,000 at Closing!


DETAILED INFORMATION
Location
Greenwell Springs, LA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
7,700
Facilities
Shutdown store is 7,700 sq ft!
Competition
Average traffic count of 9,000 vehicles passing by the stations each day!
Growth & Expansion
Huge opportunity to add a tire shop behind the gas station and a vape store or restaurant in the additional space in the front OR the shutdown building next door! Buyer has plenty of space to expand the business!
Reason for Selling
Seller does not wish to compete and would rather sell gas at high margins!
Report an Issue with this listing
profile-img
Kavita
Purohit
logo-img
Kavita Purohit